Vodafone Idea Q4 Results Highlights: Net loss widens to ₹7,674 crore, ARPU rises

• Mobile network operator Vodafone Idea (Vi) posted a consolidated net loss of ₹7,674.6 crore in the March 2024 quarter. In the year-ago period, the company had reported a net loss of ₹6,418.9 crore.

• Revenue from operations increased to ₹10,606 crore in Q4 FY24 from ₹10,531 crore in the same quarter of the previous fiscal year.

• The company's average revenue per user (ARPU) grew marginally to ₹146 in the fourth quarter of FY24 from ₹145 in the December quarter and ₹135 in the Q4 FY23.

• The company's EBITDA stood at ₹2,180 crore, reflecting a 5.4% YoY growth. The EBITDA margin stood at 40.9%.

• On results, Akshaya Moondra, CEO, Vodafone Idea Limited, said, "We are pleased to report annual revenue and EBITDA (preIndAS) growth for the second consecutive year on the back of consistently improving performance for last several quarters despite significantly lower investments; a clear reflection of our execution capabilities".

• Akshaya Moondra- Chief Executive Officer
• Abhijit Kishore- Chief Operating Officer
• Arvind Nevatia- Chief Enterprise Business Officer
• Avneesh Khosla- Chief Marketing Officer
• Jagbir Singh- Chief Technology Officer
• Suvamoy Roy Choudhury- Chief Human Resource Officer

• For the mega cricket fans - ₹50 off on ₹699 & ₹1449 recharge Packs: These Vi recharge offers include daily data, unlimited voice calls, 100 SMS/day, and a validity period of 56 or 180 days.

• For the value seekers - ₹100 off on ₹3199 recharge [ack: The ₹3199 plan provides 2GB of data daily for a full year, unlimited voice calls, and a free subscription to Amazon Prime Video (Mobile Edition) along with all the Vi Hero unlimited benefits.

• Share price: ₹13.1 (-0.78%)
• Open: ₹13.2
• High: ₹13.4
• Low: ₹12.9
• Previous close: ₹13.2
• Total m-cap: ₹87,093 crore
• Free float m-cap: ₹13,988 crore

Vodafone Idea (VI) is an Aditya Birla Group and Vodafone Group partnership. The mobile network operator provides nationwide voice and data services across 2G, 3G and 4G platform.

Ravinder Takkar- Non-Executive Chairman Kumar Mangalam Birla- Non-Executive Director Himanshu Kapania- Non-Executive Director Sushil Agarwal- Non-Executive Director Sateesh Kamath- Non-Executive Director Sunil Sood- Non-Executive Director Arun Kumar Adhikari- Independent Director Anjani Kumar Agrawal- Independent Director Ashwani Windlass- Independent Director Krishnan Ramachandran- Independent Director Neena Gupta- Independent Director Suresh Vaswani- Independent Director

• Share price: ₹13.2 (+0.38%)
• Open: ₹13.2
• High: ₹13.4
• Low: ₹13.1
• Previous close: ₹13.2
• Total m-cap: ₹88,090 crore
• Free float m-cap: ₹14,147 crore

Vodafone Idea is India's third largest telecommunications network after Reliance Jio and Bharti Airtel. The company offers 2G, 3G, 4G, VoLTE, VoWiFi and LTE Advanced services. Vodafone Idea was formed after the merger of Vodafone India and Idea Cellular on August 31, 2018.